Introduction
In this blog, what I want to do is go through the top 8 ways that people are making money on eBay. I’m going to go through different ways that you may have heard of and different ways that you might have not heard of, and hopefully, by the end of this blog, you’re going to get a better idea of exactly what you’re more comfortable with when it comes to making money
Let’s not waste any more time; let’s get right into it.
Drop Shipping
One of the first and most easiest ways that you can make money on eBay is by Drop Shipping. I’m sure by now most of you already know what Drop Shipping is, but for any of you guys that are new to this or just new to the world of making money online, Drop Shipping is simply where you’re going to list the product from your supplier’s website, and whenever you make a sale on your eBay store, your supplier is going to ship the order out directly to your customer so you don’t ever have to see the product or touch it—it’s going to get sent straight to your customer as soon as you make a sale.
Selling Digital Products
The second way that people are making money on eBay is by selling digital products. Most of you think that eBay is just a website that you can sell physical products—clothes, gadgets, things like that—but there are a lot of people out there making a lot of money by selling digital products. For example, spreadsheets.
Selling Things Around Your House
The third way that a lot of people are making money on eBay right now as we speak is by selling things around their house. This is how I got started when it came to building up my career. Initially, what I was doing is that I was looking around my house for things that people weren’t using anymore—whether it was my siblings, things that I wasn’t using anymore, or whatever—gathering up all those things, listing them on eBay, and I was able to make around $3,000 to $4,000 by doing that.
eBay Affiliate Marketing
The fourth way that a lot of people are making money on eBay right now is through eBay affiliate marketing. If you’re new to this and you’ve never heard this term before, affiliate marketing is simply where you’re going to promote another company’s product or services, and whenever you make a sale or someone clicks on your unique link and buys that product or service, you’re going to be able to make a commission.
Thrifting
The fifth way that people are making money on eBay is through thrifting. Thrifting is where you’re going to go to a charity shop or just a general thrift store and you’re going to look for used items. Similar to what I said before about selling items around your house, but instead, you’re going to go to a store that sells used items, buy those items, and make sure that you’re going to make a profit before listing them.
Buying Products in Bulk from China
The sixth way that people are making money on eBay is by buying products in bulk from China. I always recommend to people that want to start selling on eBay that they can maybe go down the route of doing Drop Shipping initially to test out which products are doing well, but eventually, you’re going to want to find a supplier that’s going to be able to import the products in bulk.
Retail Arbitrage
The seventh way that a lot of people are making money on eBay is through Retail Arbitrage. This is where you’re going to go over to a retail shop, look for an item that’s ideally on sale or some sort of clearance, buy it, and list it on your eBay store.
eBay Freelancer
The eighth way that a lot of people are making money from their house by making money on eBay is by becoming an eBay freelancer. An eBay freelancer is someone that helps eBay business owners.
Conclusion
In this blog, I just wanted to break down the basics of eight different ways that most people are making money on eBay.